Mechanism for Sharing of Information by Credit Rating Agencies (CRAs) to Debenture Trustees (DTs) - SEBI - SEBI/HO/DDHS/DDHS-POD2/P/CIR/2023/151

..... CIRCULAR SEBI/HO/DDHS/DDHS-POD2/P/CIR/2023/151 September 04, 2023 To All Registered Credit Rating Agencies (CRAs), All Registered Debenture Trustees, Dear Sir/ Madam, Sub: Mechanism for Sharing of Information by Credit Rating Agencies (CRAs) to Debenture Trustees (DTs) I. SEBI (Credit Rating Agencies) Regulations, 1999 ( CRA Regulations ) and circulars issued thereunder require sharing of certain information from CRAs to Debenture Trustees (DTs). II. Due to the large quantum of information submi .....

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Mechanism for Sharing of Information by Credit Rating Agencies (CRAs) to Debenture Trustees (DTs) - SEBI

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..... shall be done in terms of the half-yearly internal audit for CRAs, mandated under Regulation 22 of the CRA Regulations and circulars issued thereunder. VII. This circular is issued with the approval of competent authority, in exercise of the powers conferred by Section 11 (1) of Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 20 of CRA Regulations to protect the interest of investors in securities and to promote the development of, and to regulate, the sec .....

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Mechanism for Sharing of Information by Credit Rating Agencies (CRAs) to Debenture Trustees (DTs) - SEBI

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